Copper Lake Announces Filing of NI 43-101 Technical Report and Updated Mineral Resource Estimate for Norton Lake Nickel-Copper-Cobalt-Pge Deposit, Northwestern Ontario

TORONTO, Oct. 03, 2023 (GLOBE NEWSWIRE) — Copper Lake Resources Ltd. (TSX-V: CPL, Frankfurt: WOI, OTC: WTCZF) (“Copper Lake” or the “Company”) is pleased to announce the filing of the technical report (the “Report”) for the updated Mineral Resource Estimate (the “MRE”), prepared in accordance with National Instrument 43-101, Standards of Disclosure for Mineral Projects (“NI 43-101”), on its Norton Lake Nickel-Copper-Cobalt-Palladium-Platinum Deposit (the “Deposit”), situated 50 km northeast of Fort Hope and approximately 413 km northeast of the port City of Thunder Bay, northwestern Ontario. The Report is titled, “National Instrument 43-101 Mineral Resource Estimate and Technical Report for the Norton Lake Ni-Cu-Co-Pd-Pt Property”, with an effective date of August 12, 2023, and prepared for Copper Lake by Caracle Creek Chile SpA and Atticus Geoscience Consulting S.A.C. The Report is available under the Company’s profile on SEDAR+ at www.sedarplus.ca or from the Company’s website at www.copperlakeresources.com. This news release and Mineral Resource Estimate supersedes the news release dated September 7, 2023, which reported erroneously on an earlier version of the Norton Lake Deposit mineral resource estimate.

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